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EU given green light to hit US with tariffs in Airbus-Boeing ruling

Brussels hopes WTO decision will prompt two sides to settle 16-year state aid dispute

The EU has been handed the right to hit almost $4bn of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, prompting renewed calls from both sides for a settlement to the 16-year aircraft dispute.

The World Trade Organization announced the decision on Tuesday. The EU will now have to decide when to put the tariffs into practice. 

The retaliation rights of $3.99bn are less than the $7.5bn the US received in a parallel case last year against Airbus, and also less than the $8.58bn requested by the EU.

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